Mar 8 2000 9:41AM <<BEAS looks good alonwith PCLN, LU if it holds 67 area, AAPL 118 support, UPS at IPO price.. looks good, MRK 7 drugs announcement, AXP target 175 $... MU XLNX LSI and ATML for aggressive trades only with outside the monies calls, ARBA EBAY looks good too...WLA at thsi price to be taken over by PFE..>>
Most of these stocks saw the lows and closed up nicely, I think at 290 test of 52 week low we are now set to take this ^drg basing to move upwards.. WLA MRK PFE cameup nicely in the end, with credibility of analysts being questioned after PG disaster soon some more shocks are expected, as I have been highlighting some of these beaten down stocks are becoming a kind of a hedge..
I think SPH is caught in a downward channel making three lower highs from its high, the downward support is at 1342-44 area and upward resistance at 1440,, in between we have this daily noise we trade... I have a feeling that smart money is supporting this DOW 9800 area and finding oversold places to park.. 1382 remains today the objective to conquer and 1355 support to watch.
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